The link below says that LG is about to introduce their own very very cheap HDMI compatible ips 27 inch, the IPS277L-BN for just 30,000 yen. OK in USD that's like $385, but you get HDMI and a real company behind it. Also that price is for Japan so who knows what the US price would be.

(in Japanese): http://watchmonoblog.blog71.fc2.com/blog-entry-2304.html

[edit: m3koval rightly points out that this monitor is low resolution so only really fit for gaming or video viewing. My mistake. ]